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Dutch Consul-General visits Unilever Nigeria

The Consul-General at the Dutch Embassy, Michel Deelen and President of the Confederation of Netherlands Industry and Employers, Ms Ingrid Thijssen paid a visit to Unilever Nigeria. The Managing Director, Tim Kleinebenne, and other members of the Leadership Team received them, according to Nairametrics. The Consul-General and Ms. Thijssen were accompanied by Angelique Heijl (VNO-NCW) […]

News

Inflation, food price hike major cause of malnutrition — NESG

The Nigerian Economic Summit Group has identified inflation and rising food costs as major factors to malnutrition and food insecurity among Nigeria’s millions of mothers and children. This disclosure was made by the CEO Of NESG , Dr. Tayo Aduloju on Friday at the press briefing of the Policy Innovation Centre, according to Nairametrics. The […]

News

[ICYMI]NRC suspends Warri-Itakpe train service after derailment

The Nigerian Railway Corporation has suspended Warri-Itakpe train services due to the poor condition of the track from Ujevwu in Delta State to Itakpe in Kogi State. This was disclosed in a notice sent to customers, indicating that the agency planned to resume operations on Monday, July 8, 2024, according to The Punch. According to […]

Petrol queues surface in Lagos, Abuja after Tinubu's subsidy announcement
News

Fuel queues hits Abuja as depots increase price to N710/litre

Fresh queues for Premium Motor Spirit, also known as fuel, emerged in Abuja, sections of Niger, and Nasarawa States on Friday, following the closure of many filling stations run by independent marketers. Dealers closed their retail stations due to their inability to get petrol and as a result, private depot owners raising the commodity’s ex-depot […]

News

Nigeria to benefit from ITU’s €15m broadband mapping initiative

The International Telecommunications Union has selected Nigeria and ten other nations to benefit from a €15 million broadband mapping effort aimed at boosting Africa’s digital development. This was disclosed by the global ITU on Thursday during the Global Symposium for Regulators (GSR-24) in Kampala, Uganda, according to Nairametric. According to the statement, other countries to […]

WhatsApp introduces Avatar feature similar to Apple's image playground
featured News

WhatsApp introduces Avatar feature similar to Apple’s image playground

Meta’s WhatsApp is reportedly developing a feature that allows users to create personalized avatars in various settings using Meta’s AI technology in a bid to enhance user interaction. This new capability, first discovered by WABetaInfo, is anticipated to be included in an upcoming software update later this year. The feature enables users to upload a […]

Insurance News

NAICOM directs African Alliance Insurance to resolve pending customer claims

The National Insurance Commission, the key regulating authority for Nigeria’s insurance sector, has directed the Board of African Alliance Insurance Plc to address and settle any outstanding client claims. This disclosure was made in a statement issued in Abuja on Friday by NAICOM’s management, according to Nairametrics. The commission stated that this decision was motivated […]

ChatGPT’s AI image feature delayed for free users
Tech

ChatGPT maker AI details stolen in 2023 breach – Report

Alex Omenye OpenAI experienced a security breach last year when a hacker infiltrated its internal messaging systems and accessed details concerning the design of the company’s artificial intelligence technologies, New York Times reported on Thursday. The breach involved lifting information from discussions held in an online forum where OpenAI employees discussed the firm’s latest technological […]

News Oil and Gas

Seplat Energy demand swift divestment process to boost oil, gas output

Seplat Energy Plc, a Nigerian independent energy business listed on the Nigerian and London Stock Exchanges, has stated that if divestiture and other related deals are hastened, Nigeria’s subsurface potentials could be greatly maximized and oil/gas production levels improved. This disclosure was made by the CEO of Seplat Energy, Mr. Roger Brown at the 2024 […]

News

ICYMI: Jude Chiemeka appointed Chief Executive Officer of Nigeria Exchange Limited

The Nigerian Exchange Group Plc has announced the appointment of Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited, following the Securities and Exchange Commission’s approval. This was disclosed in a statement by NGX on Thursday. According to the statement, the appointment is to take effect from July 1, 2024. Recall, Mr. Chiemeka […]

News

NHIA announce 60% hike in healthcare services

The National Health Insurance Authority has announced an increase in healthcare expenditures, including a 60% increase in capitation and a 40% adjustment in Fee-For-Service. This was revealed by the Director General of NHIA, Dr. Kelechi Ohiri at the critical stakeholders’ meeting on new tariffs, held in Abuja, in an attempt to maintain the health insurance […]

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